Wema Bank PLC provides banking and other financial services to corporate and individual customers in Nigeria. The company offers current and saving accounts, HNIs, and term deposits; card services, such as debit, credit, secure, and prepaid cards; consumer and personal loans, and revolving overdrafts; and collection services. It provides corporate banking services, including overdraft, term loan, import and trade finance, and financial lease facilities; and agricultural finance, as well as export, power, oil and gas, maritime, and concessionary finance services. In addition, the company offers small and medium scale enterprise financial advisory services; retail management, and integrated revenue services; and cards, and electronic and internet banking services. The company was incorporated in 1945 and is headquartered in Lagos, Nigeria.
Nigerian Market Performance
7D7 Days: 6.8%
3M3 Months: 35.1%
1Y1 Year: 50.8%
YTDYear to Date: 39.4%
The market is up 6.8% over the last week, with the Materials sector leading the way, up 16%. Meanwhile, the Utilities sector has underperformed, shrinking 4.1% in that time. The market is up 51% over the last 12 months. Looking forward, earnings are forecast to grow by 19% annually. Market details ›
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